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Buy property in Cyprus

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Real estate for sale Cyprus

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Magnificent villas with private pool in Cyprus

Price from: €359000 SKU: PRY64037
Envision a serene oasis where luxury and natural beauty merge in perfect harmony. This is exactly what you’ll find in the luxury villas for sale in Cyprus, embodied by the Residences Villas. These villas are not just homes, but a lifestyle choice nestled on the shores of the Mediterranean Sea, offering a unique blend of...
Area: 121-234м2
Property type: Apartments
Country: Cyprus, Paphos

Ready-made villa in a complex in Nicosia

Price from: €189700 SKU: PRY64888
The final villa available within a distinguished complex of 26 villas in Gonyeli, Nicosia (Lefkosa), offers a unique blend of luxury and comfort, making it a standout property for sale in Gonyeli, Nicosia. This exclusive property spans 160 m² with an additional roof terrace covering 18 m², completed on the 1st of July, 2021, marking...
Area: 160м2
Property type: Apartments
Country: Cyprus, Nicosia

Four bedroom house in a holiday village 10 minutes drive from Nicosia

Price from: €108100 SKU: PRY73991
This charming four-bedroom residence in Cyprus is nestled within a picturesque holiday village, a mere 10-minute drive from Nicosia. Its strategic location offers effortless access to vital infrastructure within a short 5 to 10-minute journey, and the proximity to Ercan airport, only 5 minutes away, underscores its appeal for both permanent residents and those looking...
Area: 95м2
Property type: Apartments
Country: Cyprus, Nicosia

Three bedroom house in a holiday village 10 minutes drive from Nicosia

Price from: €97750 SKU: PRY73245
House for sale in Nicosia, Cyprus! This delightful three-bedroom residence is nestled within a charming holiday village, merely a 10-minute drive from Nicosia. The location boasts proximity to essential amenities, ranging from 5 to 10 minutes by car, and Ercan airport is conveniently accessible within a 5-minute drive. This property stands out as an excellent...
Area: 90м2
Property type: Apartments
Country: Cyprus, Nicosia

Apartments in the famous Melanos area in Chloraka village in Paphos

Price from: €230000 SKU: PRY74119
Nestled in the renowned Melanos district of Chloraka village in Paphos, this residential complex presents a collection of 2 and 3 bedroom flats in Paphos for sale, thoughtfully designed to provide homeowners with a spacious and luxurious living experience, complemented by the nearby sea. Flat Specifications: 2 or 3 bedrooms Sizes range from 157.96 to...
Area: 158-212м2
Property type: Apartments
Country: Cyprus, Paphos

Flats in a residential complex in one of the most popular areas of Limassol – Agios Tychonas

Price from: €340000 SKU: PRY72972
One of the best offers to buy flats in Agios Tychonas area, Limassol! This exquisite development commands breathtaking views of the sea, rolling hills, and the expansive sky, epitomizing the essence of Mediterranean living. The complex is a harmonious blend of architectural magnificence and contemporary design, marked by simplicity and sophistication, perfectly capturing the Mediterranean...
Area: 69-318м2
Property type: Apartments
Country: Cyprus, Limassol

Flats in a gated complex with landscaped area in Limassol

Price from: €208000 SKU: PRY72980
For sale flats in Limassol, Cyprus! An exclusive, newly unveiled gated complex comprising six units is situated in one of the most sought-after areas of Limassol, offering an epitome of modern luxury living. Each flat features expansive living and dining spaces, designed with family living in mind. The properties come with vast verandas featuring panoramic...
Area: 49-121м2
Property type: Apartments
Country: Cyprus, Limassol

Flats in a residential complex 500 metres from the sea in Limassol

Price from: €1750000 SKU: PRY72988
One of the best offers to buy flats, near the sea, in Limassol! This luxurious residential complex offers a selection of opulent flats and penthouses, each crafted to provide a refined living experience. Embodying elegance in every detail, the residences are designed with distinctive layouts and superior finishes, encapsulating sophistication and personal style in living...
Area: 177-360м2
Property type: Apartments
Country: Cyprus, Limassol

Flats in a beachfront residential complex in Limassol

Price from: €3390000 SKU: PRY73653
This exquisite contemporary development, set against the stunning backdrop of the Mediterranean Sea, is perfectly crafted for the ultimate living experience. Nestled near the St Raphael Marina, this development finds itself in the heart of Apartments in Cyprus Limassol’s most prestigious area, surrounded by top-tier five-star hotels and Limassol’s finest dining establishments. The complex boasts...
Area: 179-321м2
Property type: Apartments
Country: Cyprus, Limassol

Flats in a modern residential complex in a beautiful location in Germasogeia area of ​​Limassol

Price from: €600000 SKU: PRY73648
Situated in the picturesque area of Germasoya, this contemporary single-block complex stands as a testament to luxurious living in Limassol. Featuring four generously sized deluxe apartments in Cyprus and two majestic penthouses, the design of this complex is intended to inspire and provide a lavish lifestyle experience in the heart of Limassol. Each apartment boasts...
Area: 120-285м2
Property type: Apartments
Country: Cyprus, Limassol

Flats in a unique gated complex in Limassol neighbourhood – Polemidia

Price from: €219000 SKU: PRY73643
Presenting an exclusive new development, this project is an elegant ensemble of forty flats, encompassing 1-, 2-, 3-bedroom units, and opulent four-bedroom penthouses. It is a fusion of grace and comfort, offering expansive layouts, cozy living spaces, and bathrooms adorned with top-notch fixtures and fittings. Nestled in a serene suburban enclave of Limassol, this tranquil...
Area: 81-172м2
Property type: Apartments
Country: Cyprus, Limassol

Modern residence in a quiet residential area in the tourist area of Limassol

Price from: €540000 SKU: PRY73637
This residential complex, with its design inspired by the enchanting Mediterranean ambiance, harmoniously merges with the scenic beauty of the apartments in Cyprus coastal landscape. It comprises eleven expansive flats that feature grand living and dining spaces, exuding luxury at every corner. Crafted with the utmost quality materials and impeccable finishes, each flat epitomizes a...
Area: 71-211м2
Property type: Apartments
Country: Cyprus, Limassol

Flats in modern residential complex near the sea in Limassol

Price from: €270000 SKU: PRY73631
Apartments for sale in Limassol, Cyprus, are nestled within a prestigious gated community by the sea, showcasing a collection of luxurious flats that epitomize the tranquility of seaside living in Limassol. These residences, ranging from studio apartments to exquisite four-bedroom Penthouses, are a testament to elegance and modern design, tailored to meet diverse preferences and...
Area: 41-207м2
Property type: Apartments
Country: Cyprus, Limassol

Luxury flats in a residential complex in Germasoya area in Limassol

Price from: €370000 SKU: PRY63919
Nestled in the serene Germasoya locale of Limassol, this exclusive project in Limassol’s tourist district offers 26 luxury flats, each boasting awe-inspiring, sweeping views of the cityscape. Location: Set in a tranquil residential area within Limassol’s tourist district, these flats are situated just 900 meters from pristine sandy beaches. Each residence offers a stunning, unobstructed...
Area: 54-220м2
Property type: Apartments
Country: Cyprus, Limassol

Flats in Paphos in Cyprus

Price from: €315000 SKU: PRY63934
Flats in Paphos, Cyprus offer an exclusive and private living experience. The development features an array of elegantly designed flats and maisonettes, available in one, two, and three-bedroom configurations, each boasting breathtaking views of the coastal landscape and the azure Mediterranean Sea. The complex is equipped with top-tier amenities, including dedicated swimming pools for both...
Area: 123-156м2
Property type: Apartments
Country: Cyprus, Paphos

Beachfront villas in Polis, Cyprus

Price from: €1850000 SKU: PRY62673
Located on the picturesque sandy beaches of Latchi in Polis Chrysochous, this exclusive complex presents a rare opportunity for those seeking luxury villas for sale in Latchi. Featuring a collection of five elegant 4-bedroom villas, each villa is a testament to modern design and luxury. With each property boasting its own private pool, these villas...
Area: 541-799м2
Property type: Apartments
Country: Cyprus, Polis

The newest commercial centre in Nicosia

Price from: €848000 SKU: PRY65837
The latest addition to Nicosia’s vibrant architectural landscape is a state-of-the-art commercial centre, distinguished by its sophisticated design and advanced engineering prowess. This unique commercial building stands out with its 8 levels, offering 16 modern office spaces, which are the embodiment of workplace excellence, thanks to its strategic design and unmatched location at the heart...
Area: 218м2
Property type: Apartments
Country: Cyprus, Nicosia

Modern flats right in the centre of the tourist area of Limassol 300 metres from the sea

Price from: €796000 SKU: PRY65842
For sale flats in Cyprus, Limassol! This exquisite residential complex is the epitome of luxury and refinement, designed to exceed all your expectations. Each flat and penthouse within the complex has been crafted with an eye for detail, ensuring a living experience of unparalleled luxury. Nestled amid the glowing lights of Limassol and its breathtaking...
Area: 136-302м2
Property type: Apartments
Country: Cyprus, Limassol

Apartments in a magnificent project in the heart of Limassol’s elite neighbourhood

Price from: €940000 SKU: PRY65852
Apartments in the elite area of Limassol. This prestigious development is situated in Limassol’s most sought-after neighbourhood, offering a collection of luxury flats and penthouses. Each residence is meticulously designed with functional layouts, high-quality finishes, and expansive panoramic windows. Indulge in unparalleled luxury with a state-of-the-art gym, a serene sauna, and a large swimming pool...
Area: 143-436м2
Property type: Apartments
Country: Cyprus, Limassol

Commercial premises for office and shop in prestigious area of Limassol

Price from: €611000 SKU: PRY65857
Commercial premises for office and shop in the prestigious area of Limassol. The business hub features two expansive office spaces on each level, complemented by three versatile units on the mezzanine floor that can serve as offices or retail shops. Crafted by a premier design studio in London, this development is marked by its sophistication...
Area: 115-287м2
Property type: Apartments
Country: Cyprus, Limassol

Residential complex on the first line of the sea in the most prestigious part of the tourist area of Limassol

Price from: €650000 SKU: PRY65862
Residential complex on the first line of the sea in Limassol. This exclusive project, conceived by a distinguished architectural firm from London, graces the seafront in Limassol’s most sought-after tourist locale, nestled amongst the prestigious Amathus Beach Hotel and Four Seasons. It stands proudly near the renowned archaeological site of “Amathus,” one of Cyprus’s cherished...
Area: 73-737м2
Property type: Apartments
Country: Cyprus, Limassol

Luxury residential complex in the centre of Limassol – in a prestigious and quiet area of the tourist zone

Price from: €1430000 SKU: PRY65872
Luxury residential complex in the centre of Limassol. Situated in the heart of Limassol, this upscale residential complex offers a blend of luxury and serenity in a prestigious section of the tourist zone, merely 500 metres away from the shore. Encircling the development, lush and expansive parklands present serene walking paths. The architectural philosophy marries...
Area: 113-151м2
Property type: Apartments
Country: Cyprus, Limassol

Modern apartments in the prestigious neighbourhood of Strovolos in Nicosia

Price from: €147000 SKU: PRY65878
Nestled in the distinguished Strovolos district of Nicosia, this residential complex epitomises luxury living in a locale celebrated for its commercial vibrancy and dynamic pace. A mere stone’s throw from the heart of the city, this development offers an unparalleled blend of convenience and serene family life. The complex is composed of 32 meticulously crafted...
Area: 57-79м2
Property type: Apartments
Country: Cyprus, Nicosia

Offices in a modern business centre in the easily accessible area of Mesa Geitonia in Limassol

Price from: €2012000 SKU: PRY65885
This contemporary business centre in Limassol stands as a testament to cutting-edge design and modern construction techniques. The structure encompasses luxurious office spaces in Cyprus spread across four levels, complemented by 49 parking slots for vehicles. Each level houses two expansive, uniquely crafted offices, designed with elegance and a superior finish in mind. Tailored for...
Area: 302-835м2
Property type: Apartments
Country: Cyprus, Limassol
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Popular properties

Property for sale in Cyprus

Cyprus, being a sizable Mediterranean island, offers extensive coastlines adorned with stunning beaches, alongside a serene lifestyle bathed in sunlight, and upscale properties available at reasonable prices. These appealing factors make it highly attractive for expatriates seeking to invest here, with many families opting to either relocate permanently or acquire a second home on the island.

This article will help you to deal with all details of acquiring property for sale in Cyprus.

The benefits of getting real estate in Cyprus

Investing in Cyprus offers numerous benefits:

  1. The housing market is particularly favorable for foreign investors.
  2. Significant investments in real estate can lead to acquiring legal residency or even a Cypriot passport.
  3. Property taxes are low, enhancing investment potential.
  4. Cyprus boasts a large international community, fostering cultural diversity.
  5. With world-class beaches, the country offers an attractive lifestyle.
  6. Excellent transportation connections ensure easy access to the rest of Europe.

Real estate market

The real estate sector has long been a driving force behind Cyprus’s economic prosperity. In 2018, it played a pivotal role, contributing a substantial 38.5% to the country’s annual growth rate and accounting for 16% of the Gross Value Added.

Despite the challenges posed by the COVID-19 pandemic, the Cypriot property market is demonstrating encouraging signs of recuperation. Its global reputation as a hub for international investment remains strong.

Currently, Limassol leads the market with a 37% share, followed by Nicosia, which has experienced the most significant year-on-year sales increase of 10%.  Foreigners continue to be the primary drivers of the sector, representing 47% of total transaction activity.

The island’s real estate market’s resilience and ongoing recuperation, coupled with its attractiveness to international investors, point towards a promising future for this vital sector of the Cypriot economy.

Can foreigners buy properties for sale in Cyprus?

Acquiring housing on the island is accessible to individuals from around the world. The primary requirements include:

Is Cyprus cheap to buy property?

Compared to other countries, Cyprus presents an appealing proposition for real estate investment with its relatively affordable property prices. For instance, a spacious three-bedroom villa can be acquired for approximately €350000.

Is it a good idea to buy property in Cyprus for sale?

Investing in Cyprus real estate offers a unique chance to acquire residency in this stunning island nation. With a minimum investment of €300000, you and your family can not only secure a beautiful second home but also obtain residency permits. These permits grant you the right to legally reside, work, and study in Cyprus, opening doors to a new lifestyle and a wealth of opportunities.

What is the average price of the house?

The cost of real estate in Cyprus for sale varies depending on the specific location and type of property. For instance:

Across the island, a wide range of affordable real estate options caters to diverse budgets and preferences.

What is the cheapest place to live in Cyprus?

With a budget of €50000, you can acquire a small studio apartment (40-50 m2) in a village near Limassol.  As the most expensive city in Cyprus for real estate, Limassol offers limited options at this price point. Closer to the city center, a 35-40 m2 apartment would cost around €100000.

In contrast, the suburbs of Paphos provide more value for your money.  For €50000, you can find a more spacious property with an area of 50-60 m2.  Furthermore, for €80000, you can purchase a significantly larger apartment ranging from 60-100 m2, offering both affordability and proximity to the city center.

In conclusion, Paphos presents a compelling alternative to Limassol, allowing you to maximize your budget and acquire a larger property in a desirable location.

Where to buy properties for sale in Cyprus?

Several factors influence the optimal location for your Cyprus investment, aligning with your long-term goals:

It’s crucial to recognize that the island is divided into two distinct regions: Northern Cyprus (Turkish) and Southern Cyprus (Greek and part of the European Union).

Due to property ownership disputes and associated risks, most foreigners purchase housing within the four main cities of Southern Cyprus: Nicosia (Southern  part), Larnaca, Limassol, and Paphos.

Ultimately, the best city for your investment depends on your individual lifestyle preferences and budget.

What are the best cities to buy real estates in Cyprus?

Limassol: Vibrant City Life with Strong Rental Demand

Ideal for active families, Limassol boasts excellent international schools, a cosmopolitan atmosphere, and a wide array of shops, restaurants, and entertainment options.  The city’s thriving economy and limited housing supply create high demand for rentals, making it an attractive location for property investment. However, living costs in Limassol tend to be higher compared to other cities.

Nicosia: Stable Rental Market, Inland Location, divided between the Republic of Cyprus and Turkish Republic of Northern Cyprus

As the capital city, Nicosia offers a stable rental market driven by a strong workforce. Long-term rental opportunities present promising investment potential. However, Nicosia’s inland location without direct access to the sea may not suit those seeking a holiday home or short-term rental property.

Larnaca: Affordable Beachside Living with Growth Potential

Larnaca provides a relaxed beachside lifestyle with convenient access to the airport. Its affordability compared to Limassol and Paphos, coupled with emerging investment opportunities, makes it an attractive option for budget-conscious buyers.

Paphos: Tranquility, Convenience, and Value

Paphos caters to frequent travelers with its proximity to the airport and excellent transportation links. Its relatively lower real estate and property management costs, along with a laid-back environment dominated by private houses, attract individuals seeking a peaceful lifestyle with convenient access to Limassol for work or leisure.

How to get a residency permit by a real estate purchase in Cyprus?

To acquire a residency permit in Cyprus through real estate investment, you need to participate in the Cyprus Residency by Investment Program and commit to purchasing real estate worth at least €300000.

What are the property taxes and fees in Cyprus?

Immovable Property Tax: Eliminated starting from January 1, 2017.

Municipality Tax: Assessed based on the property’s value according to the most recent government valuation (as of January 1, 2018). Rates are determined by the municipality and typically range from 0.1% to 0.2% annually.

Sewerage Tax: Computed based on the property’s value per the latest government assessment (as of January 1, 2018). Rates are established by the local sewerage board and usually fall between 0.05% and 0.3% annually.

Refuse Collection Fee: Municipalities or local authorities charge an annual fee for regular refuse collection, varying according to the property’s size and the municipality.

Capital Gains Tax: A 20% capital gains tax is levied on the profit derived from property disposal.

Inheritance Tax: There is no inheritance tax, as estate duty was abolished in 2001.

What is the purchasing process of buying real estate for sale in Cyprus?

When considering buying property on this island, it’s important to follow several steps outlined in your checklist:

  1. Reserve your preferred property by paying a non-refundable fee, securing it for a set period.
  2. Engage a lawyer to assist you with legal matters surrounding your investment.
  3. Your lawyer conducts due diligence checks to verify property ownership and the transferability of the title deed.
  4. Draft and negotiate contracts of sale with the guidance of your lawyer.
  5. Apply for a reduced VAT rate of 5% if the property is intended as your primary residence.
  6. Register your Contract of Sale at the Land Registry Office.
  7. Apply for permission to purchase immovable property in Cyprus.
  8. Finalize the transfer of title deeds at the Land Registry Office.

What are the top recommendations when buying properties in Cyprus for sale?

It’s crucial to heed the following advice:

  1. Secure the services of a qualified real estate lawyer based in Cyprus.
  2. Verify that the property is not embroiled in any ownership disputes, particularly common in real estate transactions in Northern Cyprus.
  3. Utilize a real estate agency to inspect the property thoroughly, guarding against potential overpriced.
  4. Compile a detailed inventory noting any existing damages to the property and identify necessary renovations or construction work.
  5. Assess the accessibility of utilities and services, particularly if the intention is to rent out the property.